₦airaland Forum

pumping

any talk in the document of when they plan to be listed bruvs?

@invicible
i stand corrected. pumping has clarified issues on Afribank

@pumping

my bad. u're right. CILeasing mate, whats the roof value u think? cant get my head round it

@invincible

afribank is trading at below th P.O offer price so is actually cheaper to buy on th floor than the P.O

besides the dosh i have in naija is helping the economy and western unioun keeps reporting year on year of the hundreds of millions nigerians remit to the fahterland yearly.

@wanajo

we who are about to make money salute u!!!    

i sincerely agree with u there sha, but then again, all the other fellas making money on the NSE don't pay tax either, at least not to my knowledge. i paid tax everyday i worked in naija and pay mama charlie here as well.

live in the westside of town though cuz in my line of work its a personal policy, don't live in the same borough i work in, not with the characters i deal with anyway!!

@bigjay01

small world sir!

@bigjay

no i'm not at chasefarm but go there often as its one of the hospitals in the trust i work for. i'm based in the assertive outreach team in tottenham

@bigjay01

stop am o! u wan kill me, tobechukwu dey sleep for here o i no fit laugh out loud.      

@yodi, crusader is funding my other acquisitions on the nse. its done great for me and i still have some left. now on CILeasing what thinkest thou? to buy or not to buy, thats the question.

bigjay01:
@Aktopgun

Iy you practice in London which trust u de with? My missus de in2 psychiatry as well. jazzyjay6789 at hotmail dot com

chei dis man marry psychiatrist, sorry o !!    . only kidding man. holla to ur wife. i am with beh-mht in north london

dollyp1cute:
@Akptogun, you sold Diamond already you do no have liver sha, why not wait for some more upward movement.

Anyway ino shakin t's your perogative.

Talking of which where is no shakin?!

girl, i only sold part of it, its done well for me and i am still fully seated on that plane while its fuelling up, trust me  

i really need to start to trust my own instincts and analysis more u know. i completed a dossier on C&I leasing in october/november last year and just never got around to buying it, i didnt have any idea how far the stock could go.

as my man pumping says, chei! and double chei!

NOW I WONDER IF ITS NOT TOO EXPENSIVE BUT THEN AGAIN, WILL IT EVER COME DOWN AGAIN? bigboylarry where are u ahen i need u?    

@crazyT

actually in this day and age of technology u can open an account with a broker from any where in the world and just scan a signature to them or get them to email u the forms, u sign them and post it back to them.

great username by the way  

@ invincible

great sense of humor bruvs, loving it!!    

i issued a buy on UNIC yesterday but on further analysis, cancelled it this am and opted for oceanic. sold off some of my diamond today, just got the tradealert here in london

ngbo, yodi? u be brother? . as far as i see by the (f) in front of ur profile u are female

on the issue of decorum and mutual respect here, well said girl

@detruth

please dont take it personal, we are all friends on this forum, u are new and are already calling people names, not cool  

@ detruth

u will know the truth and the truth shall set u free.    . Be set free, first of all the ins coys coming to the primary market are not coming for IPOs but rather P.Os. second, pls read the posts from earlier days and u'll see that peeps here have already done some justice to the insurance sector and as FOF2 says, "there time never reach fully".

the banking sector remains the most viable and liquid as wellas profit making part for the time being on the NSE. so i hope u aren't suggesting peeps suddenly drop them without really much cause at the present time.  

the house of assembly make pronouncements they cant enforce. the CBN is the body empowered by law to make such pronouncements not the house. ignorant ego-centric power drunk people the lot of them, (excuse the rant). thats how they "commanded" MTN to stop selling sim cards late last year when the NCC is the body responsible for the communications sector.
who listens to these uninformed fellas anyway?

@yodoyokun

Sis, God bless u and thanks for ur prayers. my family and i are on the warpath against the enemy and we have a blood test coming up next week (so called confirmatory test) so keep praying for him. I Know it is well with him,

@cutebabe

yep, even in the uk. the alerts come straight to ur mobile. the fellas in the US and canada etc can say if they get them but i definitely do

rire:
@aktopgun
Does it mean one can  get trade alerts on their mobile outside naija.

yes, absolutely

got the afore posted less than 10mins ago. hope the info helps the brothers on here involved in the offers mentioned

Investor Update

We write to inform all investors in the NAHCo Public offer that the allotment results for NAHCo Offer wll be published on Monday in The Guardian, www.proshareng.com and on the company's website.

Kindly watch out for the information.

OTHER ALERT:
New Post on the website with full reports on www.proshareng.com/blog :

1. Nigerian Banking Report by Afrinvest
2. ETI Equity Report by Lead Capital
3. Skye Bank Offer information(s)

We will be publishing our analyst report on First Inland Bank Plc next week while that of Skye bank will be released a week after.

We are working on a number of reports, enquiries and investigations and would like your input into some of them namely:
1. The situation with Spring Bank Plc;
2. The Status of Abplast Plc;
3. The Private Placement status of Globe Re, IGI and MTN;
4. The impact of the December 31 reporting date for banks;
5. The developments at AP and its over-the-top price movement;
6. The growing concerns with Registrars further to the comments made by the DG, NSE; and
7. The status of those who took loans for the FBN offer - what next?

We will be happy to receive your contributions by return mail.

Have a blessed weekend


'Olufemi AWOYEMI

@mypeace

my broker registered for the alerts for me and i get them even though i'm not in naija

sorry for the lateness of this

ACCESS: 9 MONTHS REPORT DEC 31 2007

ACCESS BANK PLC, UNAUDITED NINE MONTHS RESULT ENDED DECEMBER 31, 2007

TURNOVER 07 N41.890b, 06 N17.127b

PBT 07 N13.153b, 06 N4.303b

TAXATION 07 (N4.2b) 06 (N1.075b)

PAT 07 N8.994b, 06 N3.227b


ACCESS closed up 0.410 at 23.400. Volume was 30% below average (neutral) and Bollinger Bands were 78% wider than normal.



Open High Low Close Volume___

22.990 24.130 22.990 23.400 12,036,752



Technical Outlook

Short Term: Neutral

Intermediate Term: Bearish

Long Term: Bullish



Price Trend Report:5 Moving Average: Current price is above 5-period moving average: 23.20

21 Moving Average: Current price is above 21-period moving average: 22.99

LSQ Analysis: Current price is 89% above its price trend.

Bollinger Band Analysis: Price Volatility: Increasing; Price Trend: Not in trend (probably is in sideway or reversing);

Hurst Trend Analysis: Hurst Exponent: 1.0000, current trend will continue



--------------------------------------------------------------------------------

Technical Indicators Report: Value Tips

RSI 57.3

MACD -0.2

CCI 18.3

DMI 58.5; 4.2

K%D 36.7; 27.7 Market is in up trend.

NVI 35.5 Up trend is likly to continue.

OBV -306143.6

PVI 92.3



--------------------------------------------------------------------------------

TRW Stock Forecaster:Prediction for Next Three Prices: 23.54, 23.33, 23.30

Deviation*: 0.04

wanaj0:
The investors don't have a problem. It is those positioning for Michael Ibru's wealth.

i feel u man

@allenG

u are very welcome man.

piece of advice if i may, try read the thread from page 1 slowly, prbably best not at one sitting. it's a wealth of information.

@wanajo

and the investors?

@wanajo

its an equity investment

ETHOS PRESS ANNOUNCEMENT

Thursday, 17 January 2008

An Ethos Private Equity-led consortium has today announced a pioneering strategic investment into leading Nigerian Bank, Oceanic Bank International Plc (‘Oceanic’ or the ‘Bank’). The consortium, comprising Ethos Private Equity and Old Mutual Investment Group South Africa (“OMIGSA”), invested US$130 million in Oceanic’s recent public offering. Oceanic is a new generation bank having commenced operations in 1990 and was listed on the booming Nigerian Stock Exchange in 2004.

Oceanic’s current strategic shareholding is owned and managed by Dr (Mrs) Cecilia Ibru (the wife of the founding Chairman and patriarch of the Ibru family – Olorogun Michael C. O. Ibru).

Ethos Partner, Ngalaah Chuphi comments, “Since the close of Fund V, Ethos has been actively pursuing investment opportunities in Sub-Saharan Africa; this is our first foray into West Africa. This strategic stake represents a unique opportunity to participate in Africa’s fastest growing banking sector through an investment in one of Nigeria’s tier one banks. Oceanic is well placed to capture the benefits of a rapidly growing Nigerian economy with tremendous opportunities to grow its businesses by lending to the rapidly growing real economy.”

Mark Gevers, Head of Old Mutual Investment Group of South Africa’s Private Equity division, adds, "The Nigerian banking industry follows a sound regulatory framework and has recently undergone a successful first round of consolidation. The untapped potential for financial and banking services is particularly attractive. We are excited by this transaction, which enables OMIGSA to expand our African footprint in partnership with Ethos and Oceanic.”

According to the Central Bank of Nigeria (CBN), a significant percentage of cash in circulation in Nigeria is outside the banking system. Nigeria is at the moment mostly a cash economy. The CBN is encouraging banks to bring into the banking system all this liquidity through rolling out branches to collect deposits.

“Such deposits will then be available to finance lending activities and growth in the Nigerian economy” reflects Ethos Partner, Anthonie de Beer. He concludes, “The majority of Nigeria’s c. 140 million strong population has no access to regular banking products such as mortgages, car loans, credit cards, etc. Most transactions are cash based. Thus the opportunity for banks is immense.”

thought this would tickle ur fancy fellas

JOHANNESBURG, Jan 17 (Reuters) - South Africa's Ethos Private Equity said on Thursday it and a consortium, including Old Mutual Investment Group South Africa <OML.L>, had invested $130 million in Nigeria's Oceanic Bank <OCBK.LG>.

Ethos said the investment is the group's first in Africa outside South Africa. (Reporting by Marius Bosch